toggle

AAPL Stock: 113.29 ( + 0.37 )

Subscribe to this page now.

Facebook buys mobile developer tool provider Parse

04/25, 9:14pm

Move allows Facebook revenue stream on all mobile app platforms

According to Facebook, the company has just acquired cloud coding company Parse, giving it a platform for back-end tools for mobile developers. Facebook calls the size of the deal "not material" to the acquisition, but reports place the deal between $80 and $95 million. Parse ownership claims that it had many corporate suitors, but chose Facebook because the social network fit the ethos of the startup better than the other companies involved.

more

Advertisement

Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    ZTE Spro 2 Smart Projector

    Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

    MSI Geforce GTX 970 100ME

    When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

    Wren V5US Wireless Sound System

    If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

    toggle

    Most Commented